Cms Energy (CMS) Capital Expenditures (2009 - 2026)

Cms Energy's (CMS) quarterly Capital Expenditures came in at $601.0 million in Q1 2026, down 32.32% year-on-year from $888.0 million in Q1 2025, and up 690.79% quarter-over-quarter from $76.0 million in Q4 2025.

Cms Energy (CMS) Capital Expenditures (2009 - 2026) Analysis & Trends

Cms Energy's Capital Expenditures history runs 18 years deep, the most recent figure standing at $601.0 million for Q1 2026.

  • On a quarterly basis, Capital Expenditures fell 32.32% year-over-year to $601.0 million in Q1 2026; TTM through Mar 2026 was $375.0 million, a 52.65% decrease from a year earlier, with the FY2025 full-year figure at $662.0 million, up 28.05% from the prior year.
  • Capital Expenditures climbed to $601.0 million in Q1 2026 per CMS's latest filing, from $76.0 million in the prior quarter.
  • Across five years, Capital Expenditures topped out at $1.8 billion in Q3 2024 and bottomed at -$1.6 billion in Q4 2024.
  • The 5-year median for Capital Expenditures is $70.5 million (2022), against an average of $140.4 million.
  • Biggest YoY gain for Capital Expenditures was 290.45% in 2024; the steepest drop was 52666.67% in 2024.
  • Year by year, Capital Expenditures stood at $1.0 million in 2022, then tumbled by 400.0% to -$3.0 million in 2023, then sank by 52666.67% to -$1.6 billion in 2024, then surged by 104.8% to $76.0 million in 2025, then surged by 690.79% to $601.0 million in 2026.
  • Per Business Quant, the three latest CMS Capital Expenditures figures stand at $601.0 million (Q1 2026), $76.0 million (Q4 2025), and $49.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Fortis 462,782.01 Bn 462,783.29 Bn 1.70 Bn -1.10 Bn
2 Dominion Energy 62.80 Bn 67.01 Bn - 3.02 Bn
3 Xcel Energy 50.41 Bn 48.65 Bn 4.02 Bn 1.32 Bn
4 Wec Energy 37.36 Bn 37.32 Bn 2.04 Bn -
5 Energy Co Of Parana 34.84 Bn 34.18 Bn - -
6 Ameren 31.32 Bn 31.43 Bn - 1.57 Bn
7 Edison International 30.65 Bn 30.49 Bn - 1.89 Bn
8 Firstenergy 28.61 Bn 29.98 Bn 2.74 Bn 412.00 Mn
9 Hydro One 25.14 Bn 25.13 Bn - -
10 Cms Energy 22.72 Bn 23.22 Bn 2.28 Bn 601.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 601.00 Mn
Mar 31, 2026 601.00 Mn
Dec 31, 2025 76.00 Mn
Dec 31, 2025 76.00 Mn
Sep 30, 2025 49.00 Mn
Sep 30, 2025 49.00 Mn
Jun 30, 2025 -351.00 Mn
Jun 30, 2025 -351.00 Mn
Mar 31, 2025 888.00 Mn
Mar 31, 2025 888.00 Mn
Dec 31, 2024 -1.58 Bn
Dec 31, 2024 -1.58 Bn
Sep 30, 2024 1.84 Bn
Sep 30, 2024 1.84 Bn
Jun 30, 2024 -354.00 Mn
Jun 30, 2024 -354.00 Mn
Mar 31, 2024 613.00 Mn
Mar 31, 2024 613.00 Mn
Dec 31, 2023 -3.00 Mn
Dec 31, 2023 -3.00 Mn